Raipur, India, April 19, 2018 (GLOBE NEWSWIRE) -- Global 2G, 3G and 4G Wireless Infrastructure Revenues to Grow at 2% CAGR between 2017 and 2020
Report Sellers has added a new market research report “The 2G, 3G, 4G & 5G Wireless Network Infrastructure Market: 2017 – 2030 – with an Evaluation of Wi-Fi and WiMAX” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
The wireless network infrastructure market is currently in a phase of transition, as mobile operators seek to address increasing mobile traffic demands amidst global economic uncertainties. This paradigm shift is bringing new challenges and opportunities to infrastructure vendors.
In 2016, global 2G, 3G and 4G wireless infrastructure revenues stood at nearly $56 Billion. It is estimated that the market will shrink by 4% in 2017, primarily due to a decline in standalone macrocell RAN infrastructure spending. However, driven by investments in HetNet infrastructure and 5G NR (New Radio) rollouts - beginning in 2019, the market is expected to swing back to positive growth at an estimated CAGR of 2% between 2017 and 2020.
Browse through the complete description and in-depth TOC on “The 2G, 3G, 4G & 5G Wireless Network Infrastructure Market”
By 2020, 5G networks will account for nearly 5% of all spending on wireless network infrastructure. With significant investments expected in 5G NR, NextGen (Next Generation) core and transport (fronthaul/backhaul) networking infrastructure - between 2020 and 2025, this figure will further increase to more than 40% by the end of 2025.
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